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Satellite June 5, 2017 at 9:14 am Tech-geeks, who always want to have the latest iPhone as a status symbol. First off, what were my prior numbers? Here are my advances on my first mainstream-published, five books in order: $5,000, $7,500, $30,000, $100,000 and $30,000. Advances are coming down quickly!
Price cuts. If you’re selling ebooks, you have to play around with the price. James Altucher has sold more than 100,000 copies of his self-published book Choose Yourself in less than one year. He messes with the price of his Kindle version all the time. One day it’s $5.99, the next day it’s $0.99. When you drop the price, a bunch of bot sites detect the drop and price shoppers rush over to your Amazon page to make an impulse purchase, and your book climbs the charts.
Comments (115) “We go through a rigorous testing and research phase, so we actually do source [about] three or four units of items we have researched and think are viable, and we test sell products and put them on Amazon. We combine that with our sourcing data to project out the viability of that product.”
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Want to know what’s crazy? It takes about 5X more sales to top the New York Times bestseller list, AND your book needs to be selling nationwide at physical retail outlets (Barnes & Noble, Costco). Oy.
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